MassCEC Announces $280K in 7 Clean Energy and Water Innovation Awards
BOSTON – June 24, 2015 – Massachusetts Clean Energy Center (MassCEC) CEO Alicia Barton today announced $280,000 in funding for seven innovative clean energy projects across the Commonwealth under MassCEC’s Catalyst program. It is the first time the program issued a challenge for innovators to focus on clean water technologies, and three of the seven […]
Seed funding program to use Brigham and Women’s as startup testing ground
Brigham and Women’s Hospital has formed a partnership with a San Francisco-based seed-stage investment fund in an effort to test and potentially integrate digital health startup innovations into the Boston hospital. The hospital formed an affiliated medical partnership with Rock Health, and the two organizations are currently in the midst of finalizing plans. The partnership […]
MIT Energy Initiative awarding $1.65 million in seed funds for innovative early-stage energy research
The MIT Energy Initiative (MITEI) has announced it is awarding more than $1.65 million in grants under its annual MITEI Seed Fund Program to support innovative, early-stage energy projects across campus. For 2015, a total of 11 projects are receiving $150,000 each for research lasting up to two years. Funding is provided by MITEI’s founding […]
MassDevelopment issued a $175000 revolving bridge loan from the Emerging Technology Fund
MassDevelopment issued a $175,000 revolving bridge loan from the Emerging Technology Fund to Dynamo Micropower Corporation. Dynamo Micropower Corporation is a privately-held developer and manufacturer of fuel-flexible micro-turbine based power generation systems for the oil and gas industry, located in Somerville, Massachusetts.Dynamo has developed a scalable 15-75kW flexible-fuel, portable micro-turbine platform that meets the power […]
Massachusetts Gov. Baker Announces $4M Grant to Fuel Printed Electronics Cluster
LOWELL, Mass. – Gov. Charlie Baker today announced a $4 million dollar grant from the Massachusetts Technology Collaborative (“MassTech”) to UMass Lowell to support development of a printed and flexible electronics industry cluster, an emerging field that has the potential to become a $76 billion global market in the next decade. The new Printed Electronics Research […]
MIT-Israel-BGU Seed Fund Approves Five Projects
The MIT-Israel-BGU Seed Fund recently approved several joint research proposals for funding, supporting new collaborations between faculty and research scientists at MIT and their counterparts at Ben Gurion University. The grants extend over the period between January 2015-August 2016. Some of the approved proposals include “Self-Sustained Agriculture Based on Marginal Water,” “Improving the Delivery of […]
Cornell University’s Binoptics sold to Massachusetts company for $230M
Ithaca laser-technology company Binoptics is being bought by M/A-Com Technology Solutions of Lowell, Mass., for $230 million in cash, the company announced Wednesday. Binoptics, in business since 2000 using technology developed at Cornell University, develops and makes semicondutor microchip lasers for equipment in the data and telecommunications industries that use light energy rather than electricity. […]
UMass records best-ever year for startup businesses, $2M in POC Funding
The University of Massachusetts created six new startup companies within the past year, its best-ever annual performance, and set new records for patent applications and the number of faculty members disclosing inventions, President Caret said today. The new companies reflect the University’s increased focus on coaching, mentoring and providing other services and support to help […]
MIT Media Lab spinoff Luminoso scores $6.5M in funding
Luminoso, a Cambridge-based text analytics company that has its roots in the MIT Media Lab, announced Wednesday that it’s raised $6.5 million in Series A funding, led by Acadia Woods and with participation from Tokyo-based Digital Garage.
MIT MISTI GLobal Seed Funds enable mult-disciplinary, multi-university collaboration
MISTI Global Seed Funds grants enable participating teams to spend time together, either at MIT or abroad, with the aim of developing and launching joint research projects. To date the funds have supported 304 projects through awards of $6M. This program is in line with the future vision of an open university approach with lower […]